Posts Tagged ‘central bank’

“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
–Thomas Jefferson

“A private central bank issuing the public currency is a greater menace to the liberty of the people than a standing army.”
–Thomas Jefferson

“I do not take a single newspaper, nor read one a month, and I feel myself infinitely the happier for it.”
–Thomas Jefferson

“The man who reads nothing at all is better educated than the man who reads nothing but newspapers.”
–Thomas Jefferson

“Paper is poverty, it is only the ghost of money, and not money itself.”
–Thomas Jefferson

“The spirit of resistance to government is so valuable on certain occasions, that I wish it always to be kept alive.”
–Thomas Jefferson

“The will of the people is the only legitimate foundation of any government, and to protect its free expression should be our first object.”
–Thomas Jefferson

“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.”
–Thomas Jefferson

“A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine.”
–Thomas Jefferson

“I have the consolation of having added nothing to my private fortune during my public service, and of retiring with hands clean as they are empty.”
–Thomas Jefferson, letter to Count Diodati, 1807

“No government ought to be without censors and where the press is free, no government ever will.”
–Thomas Jefferson, letter to George Washington, September 9, 1792

“An honest man can feel no pleasure in the exercise of power over his fellow citizens.”
–Thomas Jefferson, letter to John Melish, January 13, 1813

“Some men look at constitutions with sanctimonious reverence, and deem them like the ark of the covenant, too sacred to be touched.”
–Thomas Jefferson, Resolutions, 1803

“Experience has shown that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.”
– Thomas Jefferson

” I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.”
–Thomas Jefferson, to Archibald Stuart, 1791

“No nation is permitted to live in ignorance with impunity.”
–Thomas Jefferson

Malo periculosam libertatem quam quietam servitutem. (“I prefer the tumult of liberty to the quiet of servitude”)
–Thomas Jefferson to James Madison, 30 January 1787.

Thus, the fight over gold and silver as media of exchange is about more than mere money, let alone making money. For it is a fight with only two possible outcomes: either control of their own lives by the people themselves, or control of the people and their lives by political and economic elitists. – Dr. Edwin Vieira

USUALLY, WHEN CONSPIRACY AND MONEY ARE MENTIONED IN THE SAME SENTENCE most people’s brains automatically shut off at the thought of talking repitles or cloaked figures in dark rooms. While I do not discount talking reptiles, haven’t you seen Gieco’s talking gekko on television, but this broad, deep and complicated article is for those whose brains have not been devoured or turned to mush by conspiring reptiles and will objectively address the fiat legal tender currency and fractional reserve banking conspiracy.

But this conspiracy is far worse than cloaked figures in dark rooms because this is a conspiracy of economics. But what is exciting is that some of the fundamental tectonic plates of economics have begun shifting and what has appeared to the perceptive is actionable, peaceful and extermely effective strategies to harness the ecnomics in favor of the average person’s freedom.

He who has the gold makes the rules MONEY, ILLUSIONS AND CURRENCY

Currency is usually the most widely used medium of exchange in economic transactions. Currency can be composed of either money, money substitutes or illusions. The only significant element for money is that it must be a tangible asset and throughout history there has been a wide range of substances that functioned as money ranging from seashells to salt and giant stones to the King and Queen of commodities; gold or silver.

Money substitutes are merely certificates for money and a common form were silver or gold certificates that operated as currency in various countries and formed the foundation for terms like Dollar, Franc, Mark, Pound, etc. that have since been redefined as they have become illusions.

Illusions are figments of people’s imagination that, as long as they are accepted, maintain some amount of purchasing power. Illusions are usually represented as ephemeral entries in databases or can take corporeal form as little colored coupons like the Federal Reserve Note Dollar, Euro, Yen, etc. Illusions have no intrinsic value and can become worthless. Their only value is in the mass delusion of people’s imagination that they represent real value.

The main cause of the 2008 financial crisis was the loss of faith in debt denominated in illusions. The real and inevitable financial and economic crisis, which will make 2008 look like a calm Sunday picnic, will be the evaporation of trust in the prima donna fiat legal tender currency illusion and world reserve currency the Federal Reserve Note Dollar, through hyperinflation.